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 Question from Alex: The profit on a certain television set is 16.5% of the cost price. If the profit is $330, Find: a) the cost price b)the selling price of the television Hi Alex, Selling price = cost + profit so Selling price = cost +$330

You are told that $330 is 16.5% of the cost so$330 = 0.165 × cost.

Solve this equation for the cost.

I hope this helps,
Penny

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